Financial Literacy Test Worksheet
The method (Read, plan, check): Name the type of question: count, change, bill, better buy, discount, budget, saving, interest, profit, passbook or safety. Use the method from that lesson and work step by step. Check: change is less than the money paid, a discount makes the price smaller, needs come before wants.
NameDateTime takenScore ___ / 40
- 1.Ananya has 4 coins of ₹5 and 5 coins of ₹2. How many rupees does Ananya have?
- 2.Lakshmi has 3 coins of ₹20 and 6 coins of ₹1. How many rupees does Lakshmi have?
- 3.Gurpreet has ₹6. A ruler costs ₹9. Does Gurpreet have enough money to buy it? (a) Yes (b) No
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4.Dev’s passbook:
Opening balance: ₹3000
Debit: ₹250
Credit: ₹100
Credit: ₹150
Credit: ₹500
What is the closing balance (in ₹)? - 5.Zoya’s class stall spends ₹660 to make 20 plates of bhel and sells all of them at ₹30 each. What is the loss (in ₹)?
- 6.Diya gets ₹80 pocket money every week. How many rupees is that in 7 weeks?
- 7.Nisha wants a board game that costs ₹600. Nisha saves ₹100 every week. How many weeks will it take?
- 8.Priya has 1 note of ₹200 and 1 note of ₹20. How many rupees does Priya have?
- 9.There are 20 children in a class. Each child needs one pen at ₹14. What is the total cost (in ₹)?
- 10.5 samosas cost ₹60. How much do 8 samosas cost (in ₹)?
- 11.Shop A sells a school bag for ₹750 with free delivery. Shop B sells it for ₹725 plus ₹70 delivery. How many rupees do you save by buying from the cheaper shop?
- 12.Which is the smallest amount: ₹14, ₹19 or ₹55? (a) 14 rupees (b) 19 rupees (c) 55 rupees
- 13.Aarav has one ₹5 piece of money. Is it a coin or a note? (a) Note (b) Coin
- 14.₹500 − ₹410 =
- 15.₹68 − ₹19 =
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16.Pooja’s passbook:
Opening balance: ₹3100
Debit: ₹100
Credit: ₹50
Credit: ₹300
Debit: ₹50
What is the total of all the credits (in ₹)? - 17.Shop A sells a water bottle for ₹170 with free delivery. Shop B sells it for ₹195 plus ₹60 delivery. How many rupees do you save by buying from the cheaper shop?
- 18.Saanvi keeps ₹1200 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 5 years?
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19.Price list: banana ₹4, toffee ₹3, ruler ₹15, kite ₹16.
Gurpreet has ₹20 and buys a banana. How many rupees are left? - 20.A study lamp costs ₹300. The shop gives 10% off. How many rupees is the discount?
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21.Price list: eraser ₹3, ice candy ₹14, crayon box ₹50, balloon ₹10.
How many rupees more does a crayon box cost than a balloon? - 22.Karan buys 3 balloons at ₹5 each and pays ₹20. How much change does Karan get (in ₹)?
- 23.9 school bags cost ₹4050. What does one school bag cost (in ₹)?
- 24.Count up to find the change from ₹50: ₹5 + ₹? = ₹50
- 25.Shop A sells 2 pairs of socks for ₹130. Shop B sells 5 pairs of socks for ₹250. What does one pair of socks cost at the cheaper shop (in ₹)?
- 26.A 1 kg bag of dal costs ₹148. A 5 kg bag costs ₹635. How many rupees per kg do you save with the cheaper bag?
- 27.Ishaan has ₹15 in a piggy bank. Chacha gives Ishaan ₹32 more. How many rupees does Ishaan have now?
- 28.A toy car costs ₹84. Farhan has ₹10 and ₹10. How many more rupees does Farhan need?
- 29.One tiny sticker costs ₹2.50. How many rupees do 10 tiny stickers cost? =
- 30.Shop A sells 6 samosas for ₹78. Shop B sells 5 samosas for ₹80. Which shop is cheaper for one samosa? (a) Shop A (b) Shop B
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31.Price list: glue stick ₹19, pencil ₹3, eraser ₹2, samosa ₹12.
Joseph has ₹100 and buys a pencil. How many rupees are left? - 32.Shop A sells a football for ₹315 with free delivery. Shop B sells it for ₹365 plus ₹60 delivery. How many rupees do you save by buying from the cheaper shop?
- 33.For Farhan, is “a third cricket bat” a need or a want? (a) Want (b) Need
- 34.Diya keeps ₹2000 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 1 year?
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35.Price list: sticker sheet ₹10, notebook ₹40, sharpener ₹6, balloon ₹8.
Riya has ₹100 and buys a sticker sheet. How many rupees are left? - 36.What do 2 pens at ₹15 each and 2 T-shirts at ₹205 each cost in all (in ₹)?
- 37.Arjun has ₹1100. In a piggy bank it stays ₹1100. In a bank at 3% simple interest per year, how many rupees more will Arjun have after 4 years?
- 38.Dev has ₹940 for return gifts. Each gift costs ₹40. What is the greatest number of gifts Dev can buy?
- 39.Which is the smallest amount: ₹58, ₹18 or ₹29? (a) 58 rupees (b) 29 rupees (c) 18 rupees
- 40.Count up to find the change from ₹10: ₹8 + ₹? = ₹10
Answer key
- 30
- 66
- No
- 3500
- 60
- 560
- 6
- 220
- 280
- 96
- 45
- 14 rupees
- Coin
- 90
- 49
- 350
- 85
- 540
- 16
- 30
- 40
- 5
- 450
- 45
- 50
- 21
- 47
- 64
- 25
- Shop A
- 97
- 110
- Want
- 80
- 90
- 440
- 132
- 23
- 18 rupees
- 2
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids